The Cigna Group
Eric P. Palmer Resigns as CEO of Evernorth Health Services
Summary
On April 15, 2025, The Cigna Group announced the resignation of Eric P. Palmer, who served as the Executive Vice President for Enterprise Strategy and CEO of Evernorth Health Services, effective April 26, 2025. The resignation was accompanied by a severance package including a $5.2 million cash payment and the continuation of equity vesting for certain stock options, restricted stock, and strategic performance shares, with an estimated equity value of $4.8 million.
Profitelligence Alerts
Get alerts for CI
Be first to know when The Cigna Group files with the SEC.
Filing Categories
Advertisement
About The Cigna Group
The Cigna Group is a leading global health services organization. Ranging across a comprehensive spectrum of health and wellness services, the company aims to improve the health, well-being, and peace of mind of those it serves. Notably, Cigna offers medical, dental, disability, life, and accident insurance coverage to individuals and businesses, extending its reach from individual clients to multinational corporations. Its primary business comprehends a vast network within the managed care sector, focusing on providing accessible and affordable healthcare solutions to its users. Cigna’s influence spans multiple sectors including health insurance, pharmacy benefit management, and behavioral health, highlighting its diverse portfolio. The company plays a crucial role in the health insurance market, consistently driving innovation in healthcare solutions and cost management. Its ability to integrate health services and provide holistic care solutions is pivotal in addressing the evolving needs of the healthcare landscape globally."}
Official SEC Documents
Advertisement